Mexico: FECC revokes leniency benefits

Mexico: FECC revokes leniency benefits “The Federal Economic Competition Commission (FECC) imposed fines totalling $3,882,379 on Denso and Mitsubishi for commissioning an absolute monopolistic practice involving the exchange of commercial information, with the aim and effect of manipulating the price of automobile air conditioning compressors. […] This is the first time that the FECC has revoked…

Singapore: Online food delivery service

“The Competition Commission of Singapore (CCS) said on Thursday it has investigated and found no harm for now in competition from exclusive agreements inked between restaurants and an unnamed online food delivery service. But it is closely monitoring the food delivery market, noting that such exclusive agreements can be “problematic” in future. The investigation revealed that…

Russia: Bid rigging at Defense Ministry’s auctions

Russia: Bid rigging at Defense Ministry’s auctions “The Federal Antimonopoly Service (FAS) opened a case on violating the law “On Protection of Competition” by several companies at the Defense Ministry’s auctions […] According to the antimonopoly agency, Russia’s Defense Ministry held several open auctions for provision of services involving sanitary and integrated maintenance of barracks…

Chile: Nueva ley de competencia

Chile: Nueva ley de competencia El 19 de agosto de 2016 se promulgó en Chile la Ley que Perfecciona el Sistema de Defensa de la Libre Competencia. Según el comunicado de prensa liberado por la Presidencia de dicho país, “dentro de las nuevas medidas que contempla, destaca que las sanciones se hacen más estrictas y pueden…

Travel agents: Paying commissions to intermediaries can be abusive

Travel agents: Paying commissions to intermediaries can be abusive “A South Gauteng High Court has awarded Nationwide Airlines (CE, Johannesburg O.R. Tambo) ZAR104.6 million (USD7.89 million) in damages plus interest after ruling that South African Airways (SA, Johannesburg O.R. Tambo) practices did breach South Africa’s Competition Act and did inflict financial harm on Nationwide. It claimed…

Amazon raided: Parity clauses concern

Amazon Japan was raided on the search for evidence of undue pressure to retailers that sell products on that website. “The Japanese unit of the U.S.-based internet retailer forced conditions such as requiring retailers to sell products below the price they advertised on rival sites, the Nikkei business daily reported Monday. […]  The case centered…

UK: Hacking powers to fight collusion

“Criminal cartels are akin to complex fraud, and can operate over many years at the expense of consumers and taxpayers as a result of higher prices and reduced choice. As such the regulated use of investigatory powers, including equipment interference, plays a critical role in the CMA’s investigations,” said Simon Belgard, a spokesperson for the Competition and…

Spotify vs. Apple

“Spotify has lashed out at Apple calling it ‘anticompetitive’ for rejecting an update to its iOS app. The music streaming service feels that this move by Apple will ‘cause grave harm to Spotify and its customers’. The company’s General Counsel Horacio Gutierrez has sent a letter to Apple accusing it of stopping the update under…

Philippines: Electricity Spot Market Collusion

“The Energy Regulatory Commission has set an August hearing of 12 companies charged with anti-competitive behavior that pushed up prices at the wholesale electricity spot market in November and December 2013. ERC investing officer Isabelo Joseph Tomas II, in separate notices of pre-trial conferences, asked the 12 companies to submit their respective trial briefs, which…

FTC e INDECOPI firman acuerdo de cooperación

La FTC (EE.UU.) y el INDECOPI (Perú) firmaron un acuerdo de cooperación para mejorar la eficacia en la persecución de conductas anticompetitivas en ambos países. “Destacan los siguientes ejes de cooperación: Cooperación en la detección de actividades anticompetitivas y en la aplicación de la normativa de libre competencia. Posibilidad de realizar consultas respecto de las…

Se firman 2 MoU entre Autoridades de Competencia

El 19 de mayo de 2016 se firmó un Memorando de Entendimiento entre las Autoridades de Competencia de Brasil, Rusia, India, China y Sudáfrica (BRICS) con el propósito de intercambiar información, propuestas normativas, coordinar investigaciones, organizar eventos, entre otros. La iniciativa procura ser un punto de partida para harmonizar la visión que cada autoridad tiene…

Competition Authority guides officials before the tenders

Canada: “Commissioner of Competition John Pecman said his office is planning to double the number of training workshops it provides to public-procurement officials this year on ways to prevent fraud. There will be training events for federal, provincial and municipal managers, as well as for the private sector, on how to identify and prevent collusion…

M&A: Reducing transaction costs in India

India: As part of the government’s goal of reducing the costs of doing business,  the Competition Commission recently revised the thresholds for merger notifications. “‘The revised thresholds serve the dual purpose of restricting the CCI’s review to M&A activity that has the potential to affect the market and reducing transaction costs for smaller deals […] The increased thresholds for notification are…

“Too open too soon”: Intercambio de información antes de integrarse

La autoridad de competencia holandesa (Netherlands Authority for Consumers and Markets) sancionó a 4 compañías que participan en el mercado de conservación en cámaras frigoríficas (cold storage), por intercambiar información sensible mientras planeaban integrarse. Las empresas conocieron información sensible sobre precios y clientes y, según esa Autoridad, distorsionaron el funcionamiento del mercado en la medida que antes de…

Fine for pressuring to withdraw a financial rebate

“The Competition Commission of Singapore (CCS) on Thursday (Mar 17) penalised 10 financial advisers for collectively pressurising a competitor to withdraw an offer from the life insurance market. On Apr 30, 2013, iFAST Financial had offered a 50 per cent commission rebate on life insurance products on its online platform, Fundsupermart.com. But the offer was…

Foro: “Competencia del Tribunal de Justicia de la Comunidad Andina en las cartelizaciones regionales”

Mauricio Velandia C., conferencista invitado por el Departamento de Derecho Económico de la Universidad Externado de Colombia, presentará cuál es la competencia del Tribunal de Justicia de la CAN para conocer de prácticas restrictivas de la competencia que tengan alcance regional. A continuación transcribimos la invitación:   El Departamento de Derecho Económico se complace en…

“Beer drinkers sue to stop Anheuser-Busch InBev and SABMiller from merging”

“A lawsuit from 19 Oregonians, 3 Californians and one Washingtonian seeks to stop Anheuser-Busch InBev from buying SABMiller, on the grounds that it would create an unfair marketplace place for other beer companies, controlling consumers’ options. ‘Why do we want to allow one entity to control that market? I don’t think it’s good for consumers,…

Antitrust Stare Decisis

La American Bar Association publicó en su última edición de Antitrust Source (Oct. 2015) el artículo “Antitrust Stare Decisis”, en el cual se analiza la fortaleza de los precedentes relacionados con el régimen de competencia, particularmente a partir de la decisión Kimble v. Marvel Entertainment, emitida por el Tribunal Supremo de los Estados Unidos en junio…

Propuestas del Tribunal de Justicia de la CAN de una Agenda Normativa para la Integración

PROPUESTAS DEL TRIBUNAL DE JUSTICIA DE LA COMUNIDAD ANDINA DE UNA AGENDA NORMATIVA PARA LA INTEGRACIÓN. AGENDA POSITIVA Páneles: 1. Protección de los Derechos del Consumidor Andino. 2. Normas sobre competencia: represión de la competencia desleal 3. Normas sobre competencia: protección de la libre competencia. 4. Armonización de los procedimientos de registro de las denominaciones…